Cheniere Energy, Inc. (NYSE:LNG) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC raised its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 25,232.4% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 342,241 shares of the energy company's stock after purchasing an additional 340,890 shares during the period. GAMMA Investing LLC owned 0.15% of Cheniere Energy worth $79,195,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fractal Investments LLC raised its position in shares of Cheniere Energy by 31.0% in the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock valued at $12,720,000 after buying an additional 14,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Cheniere Energy by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock worth $7,812,000 after purchasing an additional 8,756 shares in the last quarter. Leavell Investment Management Inc. lifted its stake in Cheniere Energy by 10.2% in the 4th quarter. Leavell Investment Management Inc. now owns 19,514 shares of the energy company's stock worth $4,193,000 after purchasing an additional 1,800 shares in the last quarter. Raab & Moskowitz Asset Management LLC boosted its holdings in shares of Cheniere Energy by 46.3% during the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 9,345 shares of the energy company's stock worth $2,008,000 after purchasing an additional 2,957 shares during the last quarter. Finally, Martin Investment Management LLC grew its position in shares of Cheniere Energy by 615.4% in the fourth quarter. Martin Investment Management LLC now owns 28,223 shares of the energy company's stock valued at $6,064,000 after purchasing an additional 24,278 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on LNG. Wall Street Zen downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. UBS Group reaffirmed a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a research note on Tuesday, March 18th. Mizuho lifted their price target on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. JPMorgan Chase & Co. upped their price objective on shares of Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, April 28th. Finally, Stifel Nicolaus cut their price objective on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Cheniere Energy presently has an average rating of "Moderate Buy" and an average target price of $252.23.

Cheniere Energy Trading Down 1.1%

Shares of Cheniere Energy stock traded down $2.78 on Wednesday, reaching $241.55. The company had a trading volume of 1,200,050 shares, compared to its average volume of 2,190,461. The firm's 50 day moving average price is $228.61 and its two-hundred day moving average price is $224.36. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a 52-week low of $154.82 and a 52-week high of $257.65. The firm has a market cap of $53.57 billion, a PE ratio of 16.97 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. During the same period in the previous year, the firm earned $2.13 EPS. The firm's revenue for the quarter was up 28.0% compared to the same quarter last year. Sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend was Friday, May 9th. Cheniere Energy's payout ratio is 14.63%.

Cheniere Energy Profile

Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.